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McCormick to Acquire Assets
Of Lawry's From Unilever

By

Donna Kardos

Updated Nov. 14, 2007 9:03 a.m. ET

McCormick & Co. will acquire assets of Lawry's from Unilever for $605 million in cash.

Lawry's is one of several brands Unilever, holder of brands such as Ben & Jerry's ice cream and Dove soap, has been looking to sell in a bid to compete more effectively with rivals such as Procter & Gamble Co.